Retirement Perspective

Submitted by fyl on 28 February, 2007 - 07:31.

The Daily Reckoning has an interesting "story" by Bill Bonner talking about retirement in Nicaragua. It puts the "retire in Nicaragua" dream into perspective.

Americans are more niggardly with their vacations…and more long suffering about their work. The typical American worker earns more take home pay, but he has to work a lot more hours to get it. And when he has finally has earned his reward - he is likely to head for the sun. Until recently, he aimed for Florida or Arizona. Now, he is more adventuresome. He may get out the map and find Mexico, Puerto Rico…or even Nicaragua. Arriving in large numbers, they are changing the places they come to.

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